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cross talk china is number one i'm joined by you and alan in orlando he is director of the china center at roland's college and author of chinese international investments in hong kong we go to martin henniker he is an associate director at the tight group and in chicago we have joshua littman he's an associate with the boston consulting group and has done prior research on the chinese currency i gentlemen this is cross-legged means you can jump in anytime you want martin if i go to you in hong kong first the international monetary fund says that china will equal the u.s. economy in two thousand and sixteen but others are even saying that the chinese economy has already surpassed the american one how do you look at it. well yes as you are saying that the most optimistic viewpoint of their time is economy may already be twenty of us and largest in the united states one so we aren't entirely sure where it is but certainly from our point of view the perspective of anyone from the united states and europe is generally a that still china is letting far behind and we think that's clearly not
cross talk china is number one i'm joined by you and alan in orlando he is director of the china center at roland's college and author of chinese international investments in hong kong we go to martin henniker he is an associate director at the tight group and in chicago we have joshua littman he's an associate with the boston consulting group and has done prior research on the chinese currency i gentlemen this is cross-legged means you can jump in anytime you want martin if i go to you in hong...
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ready to be second best to china and as china becomes number one pullet demanded a change of the rules that have benefited the west for decades even centuries. the change in the sand. across china is number one i'm joined by even alone in orlando he is director of the china center at roland's college and author of chinese international investments in hong kong we go to martin henniker he is an associate director at the tight group and in chicago we have joshua lipman he's an associate with the boston consulting group and has done prior research on the chinese currency i gentlemen this is cross-eyed it means you can jump in anytime you want martin if i go to you in hong kong first the international monetary fund says that china will equal the u.s. economy in two thousand and sixteen but others are even saying that the chinese economy is already surpassed the american one how do you look at it. yes so you're saying that the most optimistic viewpoint is there are bad the chinese economy may already be traders and lies and the united states won so the i'm entirely sure where it is but cert
ready to be second best to china and as china becomes number one pullet demanded a change of the rules that have benefited the west for decades even centuries. the change in the sand. across china is number one i'm joined by even alone in orlando he is director of the china center at roland's college and author of chinese international investments in hong kong we go to martin henniker he is an associate director at the tight group and in chicago we have joshua lipman he's an associate with the...
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estimate china's polar developments capability actually china has one up there was most advanced color research and development capabilities china has been investing a shooter amount of money and for a long time into this whole about among the courses i think china is actually said are very far away targets there no doubt this area is a very strategically important area and there are. a number of threats inside china very good. future development in the region. we cannot underestimate that's all right brian if you can how much do you think in china hope to achieve what if arctic ambitions. i think first of china will use always diplomatic skills to try to gain more support from from the not a country which are more friendly towards trial in this region are not a problem are another uses or china were also us is an army our each should gain the support current city but worst is you know crisis specially if for example i sir and i think china will owe you are you small fees or wells to do to gain their support in the region. right now after a gang can thanks very much indeed had to resea
estimate china's polar developments capability actually china has one up there was most advanced color research and development capabilities china has been investing a shooter amount of money and for a long time into this whole about among the courses i think china is actually said are very far away targets there no doubt this area is a very strategically important area and there are. a number of threats inside china very good. future development in the region. we cannot underestimate that's...
SFGTV2: San Francisco Government Television
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Apr 18, 2012
04/12
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SFGTV2
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the president of china, mr. hu jintao, visited america. the and the vice president of this country, mr. biden, visited china in august. this was a very important visit. there is another next week. we saw last year a record growth of our people to people exchange. according to that temporary statistic, in the first nine months of last year, 1.0 7 million chinese tourists visited this country, the biggest increase of 27.7%. more than 2 million american people visited china, which means on average, every day, more than 9000 people are crossing the pacific. nowadays, about 160,000 chinese students are studying here. you have more than 20,000 american boys and girls studying in china. we saw a new record of our bilateral trade. last year, america experted $167.70 billion to china, up by 19%. that makes china and america each other's second-largest trading partner. the state of california placed a large role in this relationship with china. the state of california experted $10.50 million to china, an increase of 19%, making california the larges
the president of china, mr. hu jintao, visited america. the and the vice president of this country, mr. biden, visited china in august. this was a very important visit. there is another next week. we saw last year a record growth of our people to people exchange. according to that temporary statistic, in the first nine months of last year, 1.0 7 million chinese tourists visited this country, the biggest increase of 27.7%. more than 2 million american people visited china, which means on...
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Apr 20, 2012
04/12
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from china. i don't know the exact extent of that. we have to deal with it in another context in terms of the sensitivity of that information. >> panetta said the potential threat from north korea would be increased if it had mobile capability for long-range ballistic missiles. north korean military leaders put what appeared to be a long-range ballistic missile on display. they say it's the same as a special purpose vehicle developed by a chinese company. an online version of the magazine says if the vehicle was chinese made, china may have violated u.n. sanctions. foreign ministry spokesperson said china strictly follows security council resolutions and says chinese leaders enforce laws to enforce laws against weapons of mass destructions. >>> analysts reflected for a week before putting a satellite into spate. north koreans say they finished analyzing the launch and are determined to press ahead with their aerospace program. >> north korea released a statement about the launch. the statement cr
from china. i don't know the exact extent of that. we have to deal with it in another context in terms of the sensitivity of that information. >> panetta said the potential threat from north korea would be increased if it had mobile capability for long-range ballistic missiles. north korean military leaders put what appeared to be a long-range ballistic missile on display. they say it's the same as a special purpose vehicle developed by a chinese company. an online version of the magazine...
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Apr 14, 2012
04/12
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CSPAN2
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and must work with china. so even though there is a lot of tension and competition, in the end i think it is in the theater's interest, the leaders of both countries recognize that it is in their interest to contain the pressures for competition particularly for distressed. think the most critical single problem we now refer to as his term strategic distress. it is we are not sure of chinese military intentions and they are not sure about american. we hear the chinese leaders say they want a peaceful rise, but then in the south china sea, there's many patrol boats that are coming in conflict with the patrol boats from other countries. so i think it is going to take up a lot of determination on the part of a lot of theaters and much more open discussion of military goals and much more transparency in military preparedness on both sides in order to achieve the kind of cooperation and peaceful future that we all want. >> china faces a lot of challenges today, not just internationally. many of them challenges crea
and must work with china. so even though there is a lot of tension and competition, in the end i think it is in the theater's interest, the leaders of both countries recognize that it is in their interest to contain the pressures for competition particularly for distressed. think the most critical single problem we now refer to as his term strategic distress. it is we are not sure of chinese military intentions and they are not sure about american. we hear the chinese leaders say they want a...
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Apr 19, 2012
04/12
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china is developing an aircraft carrier, china is developing nuclear submarines. so the overall chinese military development is a source of tremendous concern to india. the relations between india and china of political, diplomatic and economic have improved over the last eight to ten years. trade is booming, it is about 50 or $60 billion. there's a lot of political and diplomatic exchange, but at the same time there's an underlying tension between india and china because of the outstanding border dispute. india and china have a border dispute, which is one of the longest running disputes in the world. india is very concerned about pakistan and china's close military and nuclear relationship. because both are old friends and there is a lot of military and nuclear cooperation between the two sides. so the increasing concern of indian security planners is a two-front collaboration between pakistan and china. >> that was raul bedi, a correspondent with jane's defense weekly in new delhi. >>> the reaction in china to india's missile launch was restrained. liu weimin c
china is developing an aircraft carrier, china is developing nuclear submarines. so the overall chinese military development is a source of tremendous concern to india. the relations between india and china of political, diplomatic and economic have improved over the last eight to ten years. trade is booming, it is about 50 or $60 billion. there's a lot of political and diplomatic exchange, but at the same time there's an underlying tension between india and china because of the outstanding...
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Apr 17, 2012
04/12
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shuyang grows many of china's trees. nursery owner arrives in style. >> translator: this is my nursery. as far as you can see. it's 40 hectares big. >> reporter: he used to produce a kind of box wood for hedges. now it is mainly cherry trees. in recent years, the price has risen sharply. last year, he netted about $150,000 in profits. this year he expects to sell 80,000 young cherry trees, 60% more than last year. it is no wonder that he can afford three cars and three phones. >> translator: cherry trees have given me a better life. and filled my wallet. >> reporter: other cities like guangzhou and chongqing have joined shanghai in holding similar festivals. and cherry blossoms are now become china's new symbol of spring. mari yamada, nhk world, shanghai. >>> most of the rain is gone in central tokyo. but more precipitation south of japan. mai shoji with the details. mai? >> yes, gene, that's right. in southeastern china, as we speak, stormy weather is targeting the area. and we're talking about very heavy rain accumulat
shuyang grows many of china's trees. nursery owner arrives in style. >> translator: this is my nursery. as far as you can see. it's 40 hectares big. >> reporter: he used to produce a kind of box wood for hedges. now it is mainly cherry trees. in recent years, the price has risen sharply. last year, he netted about $150,000 in profits. this year he expects to sell 80,000 young cherry trees, 60% more than last year. it is no wonder that he can afford three cars and three phones....
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Apr 15, 2012
04/12
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the result was his book one step ahead in china which appeared in 1989. professor speed retired from teaching in 2000 and i arrived at harvard in 2007 and i am truly grateful for the mentoring and the encouragement and friendship that his offer a far more junior colleagues since his retirement, but of course defending the junior colleagues hasn't been his main focus in the years since his retirement. rather he's devoted his time to completing his book on deng xiaoping and his era. the book was recently awarded the lionel goblet prize for the contributions to international understanding to buy insurance and be the first of many awards for this extraordinary book. the masterful country inns of study chronicles the rich and intricate career from his work to 1904 of the end of the dynasty to his death. he spent almost a century of dramatic changes as of experienced war, revolution, the maoist era and finally the economic boom of opening up reform and she played a role in his nation's politics and development over the period. how does he find a way to turn chi
the result was his book one step ahead in china which appeared in 1989. professor speed retired from teaching in 2000 and i arrived at harvard in 2007 and i am truly grateful for the mentoring and the encouragement and friendship that his offer a far more junior colleagues since his retirement, but of course defending the junior colleagues hasn't been his main focus in the years since his retirement. rather he's devoted his time to completing his book on deng xiaoping and his era. the book was...
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Apr 2, 2012
04/12
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CNBC
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that's incorrect in china. the chinese central bank uses reserve requirements strictly as a means of sopping up speculative inflows and outflows of capital betting on rmb. when you see them lowering reserve requirements, that means speculators are no longer buying rmb and that's likely to be weaker rather than stronger. the way you can detect softening monetary policy in china is through administrative controls, quotas for loans, restrictions on mortgage lending and the like. all of those are easing and will ease more in the coming months. you will get support from the central bank and from the restrictions on mortgages easing that should help the declining real estate prices in china. >> doc? >> john, great to have you on the show. i respect your insight on china virtually more than anyone else. i love last week that we had you and steven roach talking about china. quick question about what came out of the apple investigation more or less last week. is that something that is going to be a little bit of a setba
that's incorrect in china. the chinese central bank uses reserve requirements strictly as a means of sopping up speculative inflows and outflows of capital betting on rmb. when you see them lowering reserve requirements, that means speculators are no longer buying rmb and that's likely to be weaker rather than stronger. the way you can detect softening monetary policy in china is through administrative controls, quotas for loans, restrictions on mortgage lending and the like. all of those are...
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Apr 18, 2012
04/12
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territorial disputes are a source of friction between china and the philippines in the south china sea. amid the growing tensions, the philippines has kicked off one of his largest military exercises with the united states. nhk world's charmaine deogracias reports. >> reporter: some u.s. troops and military personnel are taking part in 12 days of war games. the exercises kicked off on monday and are designed to strengthen ties and improve joint military capabilities to protect philippine borders. the drills include landing practice on the western island in the south china sea. in addition it the bilateral naval exercises, the capital manila will host an earthquake simulation with six southern nations, including japan, for the first time. >> this will undoubtedly constitute -- or contribute to the nations in the region having increased level of trust and cooperation to ensure regional stability. >> we continue to work together for a secure and stable asia-pacific region. >> reporter: this year's exercises have been marked by political tension. following a naval standoff between the phil
territorial disputes are a source of friction between china and the philippines in the south china sea. amid the growing tensions, the philippines has kicked off one of his largest military exercises with the united states. nhk world's charmaine deogracias reports. >> reporter: some u.s. troops and military personnel are taking part in 12 days of war games. the exercises kicked off on monday and are designed to strengthen ties and improve joint military capabilities to protect philippine...
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we were not one to people would other countries to come the expression a strong china china is now china's maybe it's not really in a big enough to petro ocean as of now but. that will start china's premier in trying to exercise some diplomatic reach even to the arctic ocean because china great now is the second largest economy and he has a stake in just about every economic issue will for europe wallow in recession and china growing at least eight percent a year. and china outpace europe ecological is soon or later maybe sooner and i think the global community. in accepting the emergence of china as an economic superpower and we accept work with china rather than opposed to china. israel says it's not playing games with threats to attack iran the country's defense minister insists it's not just belligerent rhetoric to bully tehran into abandoning its nuclear program but israel's apparent failure to sense for accounting may suggest otherwise as pulse clear explains. the rule very family lives the missile range of gaza for years they complained to the government they had no shelter to prote
we were not one to people would other countries to come the expression a strong china china is now china's maybe it's not really in a big enough to petro ocean as of now but. that will start china's premier in trying to exercise some diplomatic reach even to the arctic ocean because china great now is the second largest economy and he has a stake in just about every economic issue will for europe wallow in recession and china growing at least eight percent a year. and china outpace europe...
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rather than our coast of china. israel says it's not playing games with its threats to attack iran the country's defense minister insists it's not just belligerent rhetoric to bully tehran into abandoning its nuclear program but israel's apparent failure to repair its citizens for retaliation may suggest other writes its policy or explains. the rule very family lives in missile range of gaza for years they complained to the government they had no shelter to protect them from because some rockets fired by hamas but disappointed in the group town wasn't a top priority for tel aviv far from it prompting yakov to eventually build a shelter himself to protect his family so we went through some very tough years we used to worry all the time every time we left the house we were in danger when we went to the store to school or to work it took a direct hit on our course house five years ago before the government finally woke up and bought him a shelter opposite the one he really built himself now across his halls close to ci
rather than our coast of china. israel says it's not playing games with its threats to attack iran the country's defense minister insists it's not just belligerent rhetoric to bully tehran into abandoning its nuclear program but israel's apparent failure to repair its citizens for retaliation may suggest other writes its policy or explains. the rule very family lives in missile range of gaza for years they complained to the government they had no shelter to protect them from because some...
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Apr 13, 2012
04/12
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decoding china data. is growth north of 8% really cause for concern or should we be scooping up energy and material shares right now? we're breaking it all down with a top china expert. and selling the bank earnings. wells and jpmorgan fail to wow investors. we're looking ahead to the big reports next week from bank of america, goldman, and of course, citigroup. welcome to "the fast money halftime report." lots to trade today. let's start doing it. pete najarian, obviously, it's a down week for stocks, major averages off more than 1% or so. it's been a turbulent week at that. and even apple's down. >> right. >> maybe we're seeing some cracks in apple at this point. what are you seeing? >> i don't know that we're seeing necessarily some cracks. i just think we're in this pause stage that we've seen before in apple when we were down near the $400 level. we did get a few pullbacks underneath $400 on a couple occasions only to completely explode to the up side. so i'm not sure yet that we're seeing any cracks
decoding china data. is growth north of 8% really cause for concern or should we be scooping up energy and material shares right now? we're breaking it all down with a top china expert. and selling the bank earnings. wells and jpmorgan fail to wow investors. we're looking ahead to the big reports next week from bank of america, goldman, and of course, citigroup. welcome to "the fast money halftime report." lots to trade today. let's start doing it. pete najarian, obviously, it's a...
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institution shows that as china's influence grows they see the u.s. as a declining power but they also believe the u.s. will do anything in its power to make sure it stays on top now this comes as the u.s. is shifting their geopolitical focus to the asia pacific region and just yesterday two hundred u.s. marines arrived in darwin australia it's the latest move by the u.s. in a later military to amp up its presence in the region and china has some concerns with a growing u.s. presence nearby so as tension rises what's the future hold for u.s. china relations to talk more about this room and lot of political economist joined me earlier. you know i don't think it's a question of suspiciousness or distrust although those are real phenomena or who distrust who more what's really going on is that there is that there are growing geopolitical tensions between the united states and china and this is taking place against a backdrop of a profound global economic crisis that's really what setting the stage for this you see over the last two decades a decline of t
institution shows that as china's influence grows they see the u.s. as a declining power but they also believe the u.s. will do anything in its power to make sure it stays on top now this comes as the u.s. is shifting their geopolitical focus to the asia pacific region and just yesterday two hundred u.s. marines arrived in darwin australia it's the latest move by the u.s. in a later military to amp up its presence in the region and china has some concerns with a growing u.s. presence nearby so...
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Apr 26, 2012
04/12
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CNN
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let's talk china for a moment. china has become, in your lifetime, arguably now one of the great super powers of the world. and they may economically in the next 10 or 15 years become the number one super power in the world. what do you think of modern china and how it's changed in the time that you've been dalai lama? >> china, most populated nation. and also long history. i think really, china, chinese, i think they have a really long history of civilization, rich culture. and the richness of their food. however, in modern china, a lot of ups and downs. but i have full faith chinese people, they are hard work ing ing. so i think the last six years, i think they already tested sort of the difference of experience. i think they, modern china, they got sort of the experience in the revolution. it seems they opened their eyes. so things are changing. somehow life-long communists, so they very much keep the political power. now, that also is now changing. now prime minister quite often, i think he's meeting with cnn,
let's talk china for a moment. china has become, in your lifetime, arguably now one of the great super powers of the world. and they may economically in the next 10 or 15 years become the number one super power in the world. what do you think of modern china and how it's changed in the time that you've been dalai lama? >> china, most populated nation. and also long history. i think really, china, chinese, i think they have a really long history of civilization, rich culture. and the...
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Apr 3, 2012
04/12
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WBAL
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china was riding shotgun! u.s., we were in the backseat, hobbled by divided congress, dysfunctional washington. how dysfunctional? at a time when it looked like the economy might finally be able to grow on its own accord, the president and congress couldn't agree to extend the debt ceiling. we were almost the first nation in history to default on its obligations by choice, not because we couldn't pay. worst, as the fall went on and morphed into winner, our european driver lost the car, while the shotgun-riding chinese was busy shooting itself in its 2 billion feet -- 2 billion people, 2 billion feet, an arithmetic issue there. at the time, what were we doing? well, we were asleep, doing nothing. periodically waking up and asking our parents in front, are we there yet? we should be given some dvds or some ipads to keep ourselves busy. but a funny thing happened when 2012 began. we changed drivers! as our domestic data got storied, the united states has been able to seize control of the wheel. europeans, they've
china was riding shotgun! u.s., we were in the backseat, hobbled by divided congress, dysfunctional washington. how dysfunctional? at a time when it looked like the economy might finally be able to grow on its own accord, the president and congress couldn't agree to extend the debt ceiling. we were almost the first nation in history to default on its obligations by choice, not because we couldn't pay. worst, as the fall went on and morphed into winner, our european driver lost the car, while...
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Apr 13, 2012
04/12
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he goes to china often. should we be spooked by an 8% gdp number for china? >> brian, i don't think so. 8% is a sustainable number. people just need to understand that the 10% that china has recorded real gdp for the last 20 years is history. we're not going back to 10%. but 7% or 8% is still strong. it will continue to give very nice real per capita income gains to all the chinese workers. and people ought to relax. >> don, do you think china's bottoming in the first quarter with regards to its growth rate? you have a below census outlook for the rest of the year. >> right. we've had that below census outlook for the last six months or so and still do. the consensus thinks it's first quarter down and second, third, fourth quarter up. i think it's going to be more flat. in fact, lower second quarter than first quarter. and the reason is that china's problems are not primarily cyclical. they are much more secular structural and you don't fix those problems in a month or a week or a quarter. they take years instead. >> that doesn't sound so reassuring. >> well,
he goes to china often. should we be spooked by an 8% gdp number for china? >> brian, i don't think so. 8% is a sustainable number. people just need to understand that the 10% that china has recorded real gdp for the last 20 years is history. we're not going back to 10%. but 7% or 8% is still strong. it will continue to give very nice real per capita income gains to all the chinese workers. and people ought to relax. >> don, do you think china's bottoming in the first quarter with...
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Apr 26, 2012
04/12
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in china, then that would be an enormous opportunity for the company. >> tom: china is now responsible for a fifth of apple's iphone sales and the so-called "halo effect"-- when iphone customers also buy apple computers-- is in full-effect in china. mac sales were up more than 60% in china. like apple, tonight's "street critique" guest sees opportunity in china. asset manager jim oberweis joins us in just a moment with a chinese mobile internet stock pick. we know the investment world is in love with apple. after all, it's hard not to notice a stock that doubles in less than two years. still, small investors do not feel as kindly towards the rest of the market. suzanne pratt tonight on the concerns of smaller investors. >> reporter: this has been a good year for financial markets. stocks are up, bonds are holding up and volatility has been limited. so how are retail investors navigating 2012? t.d. ameritrade's c.e.o. says they're still very cautious about investing their money. >> they have a memory of last year at this time when the market went up, and then things came unglued in the
in china, then that would be an enormous opportunity for the company. >> tom: china is now responsible for a fifth of apple's iphone sales and the so-called "halo effect"-- when iphone customers also buy apple computers-- is in full-effect in china. mac sales were up more than 60% in china. like apple, tonight's "street critique" guest sees opportunity in china. asset manager jim oberweis joins us in just a moment with a chinese mobile internet stock pick. we know the...
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to go to china and so iceland and china are are is a very good place to start which so iceland and china there's certainly some some possibly good prospects there in the future but let's address this issue to even get observer status on the arctic council china needs agreement from all of the member states how likely is that to happen given rather strained relations in the recent past between the asian giant and norway. norway has publicly said it's willing to continue discussions on the or sort of state status but i would suspect that the nordics iceland to denmark sweden finland and norway were because tenders in new york's new york service status of ship are trying now i would suspect the cabin russia would be much more difficult to get by you know he did mention a moment ago that iceland is a convenient first step and in relationships on this arctic i slid it's convenient for china what why why and why is a convenience how nice i think you guys are good the chinese relations are have been extremely friendly and. we don't have any problems so for friction between the two countries to
to go to china and so iceland and china are are is a very good place to start which so iceland and china there's certainly some some possibly good prospects there in the future but let's address this issue to even get observer status on the arctic council china needs agreement from all of the member states how likely is that to happen given rather strained relations in the recent past between the asian giant and norway. norway has publicly said it's willing to continue discussions on the or...
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Apr 28, 2012
04/12
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WMPT
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china prides itself on continuity. at the seat of beijing's politburo, many in china thing bo xilai threatened the system that values stability above all. >> the american vice-president joe biden was asked to sum up barack obama's residency. osama bin laden is dead. another terrorist is still alive. it was good money after bad for many. for many it represents a level of federal interference. are economics editors have been -- our economics editors have been to the seat of the story. >> detroit, michigan. the american auto industry was born here, and when the financial crisis hit, and nearly died here. with general motors and chrysler and the government bailout of $80 billion. and it worked. the industry is back. on the worst day for the american economy since 1929, the recovery of the most iconic industry. how that happened it tells us a lot about how america will recover and how the rest of the world might, too. in 2009, brad thought his career at gm was over. he was laid off with thousands of others and production st
china prides itself on continuity. at the seat of beijing's politburo, many in china thing bo xilai threatened the system that values stability above all. >> the american vice-president joe biden was asked to sum up barack obama's residency. osama bin laden is dead. another terrorist is still alive. it was good money after bad for many. for many it represents a level of federal interference. are economics editors have been -- our economics editors have been to the seat of the story....
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Apr 10, 2012
04/12
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and china. within the eurozone, biggest trading partners really of germany looking a little more muted. industrial production as well for pfebruary, the reason it wa softer was because of the weather. the cold weather can put done the construction side of the business. and that distorted the numbers. 3.9% showing the german economy is not only selling out, but also importing consuming. so that should give us quite a positive indication for the first quarter gdp, not getting germany into a technical recession. seems that germany could be really get off the shook when it comes to a possible technical recession. so all in all, it looks very perky, record numbers also, but it comes to the amount exported and imported in general. all in all i think what is very important to note about the data is where the ger pan companies are very competitive, at that level, though, at some point that needs to end. so again, the export day it take can continue to come in higher if the growth outside of germany cont
and china. within the eurozone, biggest trading partners really of germany looking a little more muted. industrial production as well for pfebruary, the reason it wa softer was because of the weather. the cold weather can put done the construction side of the business. and that distorted the numbers. 3.9% showing the german economy is not only selling out, but also importing consuming. so that should give us quite a positive indication for the first quarter gdp, not getting germany into a...
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Apr 22, 2012
04/12
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CNNW
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what it tells us when china is slowing down is that china continues to have the structural problem that is killing our own economy. that structural problem is that it's heavily export dependent. in order for china to grow it basically over the last ten years has flooded the united states and europe with illegally subsidized exports. >> when you say illegally subsidized exports, what do you mean? >> run them down. china manipulates its currency which acts as a tariff on our exports. >> keaches it lower than it should. >> right. >> doesn't let it float freely. >> stops cheap at walmart. they engage in illegal export subsidies. when they send something here, they give the producer an extra amount of money. so if a company in akron, ohio, is trying to compete with something in chungdu they can't do that. so we lose jobs there. they steal our intellectual property, which lowers their cost. a pharmaceutical or automotive firm here can't compete fairly. >> you're conveniently missing one point. >> sure. >> and that is that there is one other beneficiary to everything else that china is doing.
what it tells us when china is slowing down is that china continues to have the structural problem that is killing our own economy. that structural problem is that it's heavily export dependent. in order for china to grow it basically over the last ten years has flooded the united states and europe with illegally subsidized exports. >> when you say illegally subsidized exports, what do you mean? >> run them down. china manipulates its currency which acts as a tariff on our exports....
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Apr 24, 2012
04/12
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more than $5 billion is now coming in from china. china is the number one patron. we've got to expose this and get information flowing in. we do need our south korean ally. there's an election coming up this december in south korea. >> i want to flag the fact the north korean human rights act has been a major contribution from the u.s. congress. the strong support for funding for information flows, you know, targeted at north korea. we still need to work very hard on highlighting china's really terrible policy of repatriation of north korean refugees. i know you've been doing a lot of work to try to highlight that. >> thank you very much. >> thank you very much. and although we would normally conclude at this time, mr. connolly has an issue so press, so urgent that i told him that he could have a few minutes to ask it and bring it up so as not to cause extreme stress, acid reflux, coronary disease and any other medical complications that could ensue. so mr. connolly is recognized. >> why do i have the feeling this is going to cost me a lot of chocolate? i wanted to
more than $5 billion is now coming in from china. china is the number one patron. we've got to expose this and get information flowing in. we do need our south korean ally. there's an election coming up this december in south korea. >> i want to flag the fact the north korean human rights act has been a major contribution from the u.s. congress. the strong support for funding for information flows, you know, targeted at north korea. we still need to work very hard on highlighting china's...
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i still think the china has a long way to go no no denying that china is growing a lot it is but it has a long way to go before it can get close to even think you are passing the us ok. you know i would say six years isn't deadline you know if you actually know for sure i bet there is the former comptroller of the united states the guy who is in charge of auditing the books of the u.s. government david walker has been saying earlier this year that the u.s. is now where greece was two years ago in terms of instead crisis or just under present numbers it is six years it's not really their plan if you're. watching r.t. now our special envoy kofi annan says he's received assurances from syria that it will on a an agreed u.n. . cease fire excuse me by thursday it's after a deadline for troops to leave the city has passed on tuesday with some western and arab states accusing the regime of failing to stick to its commitment in the country has argued socks on a break. the syrian authorities claim that they have big on that partial withdrawal of bad troops from in and around urban settlements we
i still think the china has a long way to go no no denying that china is growing a lot it is but it has a long way to go before it can get close to even think you are passing the us ok. you know i would say six years isn't deadline you know if you actually know for sure i bet there is the former comptroller of the united states the guy who is in charge of auditing the books of the u.s. government david walker has been saying earlier this year that the u.s. is now where greece was two years ago...
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be an expression a strong china as china is now china's. not big enough to petro the arctic ocean as of now but. that will stop china's premier in trying to exercise diplomatic get rich even to the arctic ocean because china now is the second largest economy and it has a stake in just about every economic issue will for europe wallow in recession and china growing at least eight percent a year and china outpace europe ecological is soon or later maybe soon i. think the global community. in accepting the images of china's economic superpower and accept work with china rather than outpost china. israel says it's not playing gigs its threats to attack iran becomes a defense minister insists it's not just belligerent rhetoric to bully to advantage to abandon its nuclear program but israel's apparent failure to prepare its citizens for any retaliation may suggest otherwise as pulis lier. they were very family lives the missile range of gaza for years they complained to the government they had no shelter to protect them from because some rockets
be an expression a strong china as china is now china's. not big enough to petro the arctic ocean as of now but. that will stop china's premier in trying to exercise diplomatic get rich even to the arctic ocean because china now is the second largest economy and it has a stake in just about every economic issue will for europe wallow in recession and china growing at least eight percent a year and china outpace europe ecological is soon or later maybe soon i. think the global community. in...
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Apr 19, 2012
04/12
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china is developing a 10,000-kilometer range missile, and china has a very, very close weapons of mass destruction cooperation with pakistan. so india is in an adversarial neighborhood, so this is making deterrent more credible, as also india's commitment. i think that is a doctrine of india's nuclear capability. >> and do you think we should have cause to be concerned about the india-china relationship as we look at this? >> not really. my own sense is as india enhances its overall strategic profile, i think it will lead to a more stable area between india and china. symmetry between india and china may not be the best way of ensuring a stable track for the india-china relationship. so i see this actually as a positive kind of development in enhancing india's overall deterrent profile. >> the syrian president, bashar al-assad, is trying to wipe homs from the map, that's according to the french president, nicolas sarkozy. he also said humanitarian corridors were kneaded to allow them to survive. the accusation is backed up by these latest pictures from the city, apparently filmed in th
china is developing a 10,000-kilometer range missile, and china has a very, very close weapons of mass destruction cooperation with pakistan. so india is in an adversarial neighborhood, so this is making deterrent more credible, as also india's commitment. i think that is a doctrine of india's nuclear capability. >> and do you think we should have cause to be concerned about the india-china relationship as we look at this? >> not really. my own sense is as india enhances its overall...
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Apr 30, 2012
04/12
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MSNBC
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the blind dissident in china. that his treatment of his family has been brought up previously so they bring that up. we're at step one of confirmation on this. they're not confirming it but about enone'in tiann sqre >>epte o of ththg thisdministratn t up every six months, there was a high level meeting of at least secretary clinton and secretary geithner with the equivalent, there appears in every six months, either in beijing or here in the united states. that's about to take place in china this week. now here you have all this tension. it is mostly about economic issues. of course, i itlft meshemos an tea. treas beeheum th ty' auto a laeres o tirnuea power becaef the embarrassment of the missile launch that was not meant to be. one thing that struck me by the way. and japan has been going through their own domestic political turmoil over the last couple of years. this japanese prime minister clearly a more low key prime mi ditea e' spafo a il oorlk wfoow jane licsi' sre at s nteresto the >> lot of them were twee
the blind dissident in china. that his treatment of his family has been brought up previously so they bring that up. we're at step one of confirmation on this. they're not confirming it but about enone'in tiann sqre >>epte o of ththg thisdministratn t up every six months, there was a high level meeting of at least secretary clinton and secretary geithner with the equivalent, there appears in every six months, either in beijing or here in the united states. that's about to take place in...
WHUT (Howard University Television)
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Apr 12, 2012
04/12
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WHUT
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telarge area of rain in china, sweeping acd co in tomor afternoon. japan, as we h are lookins s grip on power in the country.tionf u security council resolutions all the way up into >> i'm happy that my singing could cheer them up. i hope they will look into their days, but it's cd will go on s this mmill b affected by the considered the party's >> there. pleasant day across much of japan, but atl western half of northeastern china, brigunch north korean officials precipitation, snow as well as rain into hokkaido aide, gusts. we'll see a shift down tme sign telarge area of rain in friday, that will be develop it will be bringing temperatures down ss watches and warnings seasonalill be so up to 17ou unwelcome >> u.s. secretary of state hillary clintoidbody, with an l. aunch in in recent years becthel a moratoriumts breaking out hee on misleme significant and wide snowfall. take a look at the outlook on thursday. lingas we n from the pacific. es and warnings averages. 14 in chicago, 16 in d.c. seeing a lot of warmth spread all the way up into by the st
telarge area of rain in china, sweeping acd co in tomor afternoon. japan, as we h are lookins s grip on power in the country.tionf u security council resolutions all the way up into >> i'm happy that my singing could cheer them up. i hope they will look into their days, but it's cd will go on s this mmill b affected by the considered the party's >> there. pleasant day across much of japan, but atl western half of northeastern china, brigunch north korean officials precipitation,...
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Apr 23, 2012
04/12
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KQED
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that is self ex plan torre. >> china claims the south china sea and islands as its own. the neighbors beg to differ. chinese and philippine ships have been involved at a stand-off of a small set of islands. for those that make their liveoth south china sea, these are anxious times. along with the gas and oil reserves as the very reason that competition with resource-hungry china is likely to intensify. >> the potential for an escalating crisis is made worse because china's complex power struggle makes its intentions opaque forcing its anxious neighbors to look else wrfment >> this exercise takes place in the philippines every year. it is the context that is interesting. china's growing assertiveness is deeply troubling to its neighbors and america is taking the opportunity to gain strategic advantage in the region. the u.s. insists there will be no new cold war with china. but this is the first real test of the shifting balance of power. >> big question" rise of china. still to come on the program, could the arab spring be an arab winter for women? one journalist says it
that is self ex plan torre. >> china claims the south china sea and islands as its own. the neighbors beg to differ. chinese and philippine ships have been involved at a stand-off of a small set of islands. for those that make their liveoth south china sea, these are anxious times. along with the gas and oil reserves as the very reason that competition with resource-hungry china is likely to intensify. >> the potential for an escalating crisis is made worse because china's complex...
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Apr 14, 2012
04/12
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KQEH
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>> china -- >> china, we're using china to find some way to contain with north korea because china, like us, feels north korea's government is pretty much of a wild card. and so that's something they're very -- hard to believe how totally controlled they that family will have [overlapping speakers] >> knowledgeable about north korea, how much money are we expanding to north korea to meet their food aid? >> this i don't know. i don't know it's that significant. but it will be significant in north korean terps. >> that's what i meant. >> it's not breaking the bank at home. and frankly, the north koreans are very depend ent on it. but they siphon a lot of that food aid and feed the troops and have a million -- [overlapping speakers] >> new young successor, ruler in north korea. >> that's the big question, a lot of people don't know much about him. and this is an example of how -- >> educated overseas. >> i can't tell you that. >>> forced prediction, yes or no? rob portman will be the running played, vice presidential with mitt romney in the fall? >> no. >> not even odds. >> yes. >> yes. >>
>> china -- >> china, we're using china to find some way to contain with north korea because china, like us, feels north korea's government is pretty much of a wild card. and so that's something they're very -- hard to believe how totally controlled they that family will have [overlapping speakers] >> knowledgeable about north korea, how much money are we expanding to north korea to meet their food aid? >> this i don't know. i don't know it's that significant. but it...
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and we way out china. the country keeps knocking on the doors of the nations who already have access to the energy rich region. a very warm welcome to you from all of us here at the moscow. the rules of formula one engines will be heard in the gulf states still shaking under civil unrest regime activists have pledged to boycott the event and step up their protests to members of the force india team have already fled the state but this after they were caught up in clashes on their way back from the track but if. reports are like libya and syria if this uprising is surprisingly alfredo. it took a car fire ahead of a major sporting event for the world to notice the flames of discord engulfing a small island nation in the persian gulf but green is suffocating in the smoke of an ongoing struggle between protesters and police the military says have been happening in a hurry for more than a year now protester say this is the longest lasting revolt in the arab spring but so far the only result from them has been a
and we way out china. the country keeps knocking on the doors of the nations who already have access to the energy rich region. a very warm welcome to you from all of us here at the moscow. the rules of formula one engines will be heard in the gulf states still shaking under civil unrest regime activists have pledged to boycott the event and step up their protests to members of the force india team have already fled the state but this after they were caught up in clashes on their way back from...
WHUT (Howard University Television)
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Apr 25, 2012
04/12
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the region supplies 5% of china's oil imports. the chinese leader recently met south sudanese president in beijing. china's xinhua news agency reported that he denounced sudan for declaring a war on its southern neighbor. it said he sought support from china and other members of the international community. the news agency quoted hu as saying he hopes both sudans will respect each other's sovereignty and exercise restraint. hu indicated china's readiness to cooperate with south sudan's efforts to improve its infrastructure. china hopes to secure more oil exports from the region. china made large investments in oil resources in sudan before south sudan achieved independence last year. >>> a teenage girl fell into a deep hole under a sidewalk in china. a security camera captured the girl plunging as paving stones crumbled beneath her. china's central television reported on tuesday that the accident occurred late last month in the city in changxi province. a taxi driver tried to rescue the girl but failed. it was about six meters dee
the region supplies 5% of china's oil imports. the chinese leader recently met south sudanese president in beijing. china's xinhua news agency reported that he denounced sudan for declaring a war on its southern neighbor. it said he sought support from china and other members of the international community. the news agency quoted hu as saying he hopes both sudans will respect each other's sovereignty and exercise restraint. hu indicated china's readiness to cooperate with south sudan's efforts...
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Apr 24, 2012
04/12
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the offense is unique to china. the country's law defines the crime as using a fictitious story to swindle money from the public. unlike other kinds of fraud, the maximum punishment is death. the chinese law was enacted to keep order in the financial system. she pleaded not guilty. at the first trial, the court sentenced her to death. she appealed to a higher court. in january, her appeal was rejected. her father has been appealing for his daughter's acquittal for four years. >> translator: my daughter is wise and hard working. she never cheats people. she couldn't repay the money. that was a mistake. but not a crime. >> reporter: when the upper court rejected his daughter's appeal, wu's father almost gave up hope, but new developments may yet save her life. the issue is spreading across the internet like a brush fire. a message board and microblogs, chinese are criticizing the verdict. now prominent lawyer has stepped in to the fray. he once served as a key member of a lawyer's association he wrote an open letter t
the offense is unique to china. the country's law defines the crime as using a fictitious story to swindle money from the public. unlike other kinds of fraud, the maximum punishment is death. the chinese law was enacted to keep order in the financial system. she pleaded not guilty. at the first trial, the court sentenced her to death. she appealed to a higher court. in january, her appeal was rejected. her father has been appealing for his daughter's acquittal for four years. >>...
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Apr 16, 2012
04/12
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CSPAN3
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wages in china rising and that may increase. that makes china less competitive. the weakening of the dollar of course has helped relative to europe and other countries that have floating currencies. and we're seeing china doing some revaluation of the yuan. the basic economics are looking in essence less bad for the u.s. and because the pendulum is swinging the other direction. we think that sometime in around 2015 for a series of goods that are very important to the u.s. economy, the economics producing in china will be around 10% lower cost at the factory gate than the economics of producing in certain parts of the united states the same kinds of products. that spread gets pretty low when you think about transportation, country risk, the thought of being 5,000 to 7,000 miles away from your customer. all of these add up and say that we would expect to see jobs and economic activity return to the u.s., because the pendulum swung too far in the other direction. we're a little surprised because we weren't expecting it when we started to look for companies participa
wages in china rising and that may increase. that makes china less competitive. the weakening of the dollar of course has helped relative to europe and other countries that have floating currencies. and we're seeing china doing some revaluation of the yuan. the basic economics are looking in essence less bad for the u.s. and because the pendulum is swinging the other direction. we think that sometime in around 2015 for a series of goods that are very important to the u.s. economy, the economics...
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aside so it would take a long time for china to become a member but china has interests in maintaining the internet internationalization of the arctic ocean and also right of passage for for for chinese ships. because of global warming and i think the northwest passage is possible. china has not won one to pay canada or the us for the use of two right so i guess we're trying to. be fair game for every ad by the and if you don't have it it doesn't harm to fly for indeed china is a growing economic superpower doing deals there obviously very lucrative but some european worried about losing more influence to china. well. the. four go include conclusion we are for europe recession and china growing least eight percent a year. china oh pace europe economically soon or later maybe sooner. global community. except. for china's economic superpower and. with china rugged and opposed to china right francis long managing director of investment firm mycenaean holdings live with us on the line from hong kong thanks for your analysis. south sudan's president says that sudan has declared war on his s
aside so it would take a long time for china to become a member but china has interests in maintaining the internet internationalization of the arctic ocean and also right of passage for for for chinese ships. because of global warming and i think the northwest passage is possible. china has not won one to pay canada or the us for the use of two right so i guess we're trying to. be fair game for every ad by the and if you don't have it it doesn't harm to fly for indeed china is a growing...
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Apr 30, 2012
04/12
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and he told his friend he prefer not to leave china, he prefer to stay in china. so i think if he insists on staying in china, it will be a big problem for both countries, both governments. it will say, hey, you have two choices, either set him free, or the chinese government can arrest him, which makes that a bigger problem. or for the united states government and if he refused to leave, what are they going to do. >> susan shirk, what do you think about that? us it possible for him to stay and there is there an appropriate balance that can be struck? >> you know, unless the chinese government does something very dramatic at this point to show that, you know, like firing the head of public security or undertaking some major steps forward in strengthening the legal system, i think it's pretty well impossible for them to creditably commit to protect mr. chen, his family, his associates, in a way that we would really believe. so even though he wants to stay in china and certainly if he leaves china, his will, his influence will wither away, that's what happens to all
and he told his friend he prefer not to leave china, he prefer to stay in china. so i think if he insists on staying in china, it will be a big problem for both countries, both governments. it will say, hey, you have two choices, either set him free, or the chinese government can arrest him, which makes that a bigger problem. or for the united states government and if he refused to leave, what are they going to do. >> susan shirk, what do you think about that? us it possible for him to...
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Apr 6, 2012
04/12
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don't we want to accommodate china's rising status? >> most do but not everybody. >> rose: most everybody does? >> yes. >> rose: all right. i thought most of what john merchant wrote amount was israel before israel he was on china. okay, successful u.s. effort to enlarge the west making its it the world's most stable and democratic zone, corporate west from europe through eurasia by embracing russia and turkey would enhance the appeal of the west core principles for other cultures thus the gradual emergence of a democratic culture. >> yes. and here is the optimistic future, three basic examples, not including the bottom billion, the advanced industrial west and you have to get north america, japan, europe, a few others and you have to get them going more, more dynamic, more lively, you have the rising powers who are democratic and who are taking off but not fully members of the top club, india, much of latin america and brazil, other places like that, you have to make room for them and incorporate them into the system and bind them tig
don't we want to accommodate china's rising status? >> most do but not everybody. >> rose: most everybody does? >> yes. >> rose: all right. i thought most of what john merchant wrote amount was israel before israel he was on china. okay, successful u.s. effort to enlarge the west making its it the world's most stable and democratic zone, corporate west from europe through eurasia by embracing russia and turkey would enhance the appeal of the west core principles for...